A project manager is analyzing a few network diagrams in order to determine the minimum duration of a project. Which diagram should the project manager reference?
Correct Answer: D
Question 112
An input required in Define Scope is an organizational:
Correct Answer: B
Explanation/Reference: Explanation: 2.1.4 Organizational Process Assets Organizational process assets are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. They include any artifact, practice, or knowledge from any or all of the organizations involved in the project that can be used to perform or govern the project. The process assets also include the organization's knowledge bases such as lessons learned and historical information. Organizational process assets may include completed schedules, risk data, and earned value data. Organizational process assets are inputs to most planning processes. Throughout the project, the project team members may update and add to the organizational process assets as necessary. Organizational process assets may be grouped into two categories: (1) processes and procedures, and (2) corporate knowledge base. Process: 5.3 Define Scope Definition: The process of developing a detailed description of the project and product. Key Benefit: The key benefit of this process is that it describes the product, service, or result boundaries by defining which of the requirements collected will be included in and excluded from the project scope. Inputs 1. Scope management plan 2. Project charter 3. Requirements documentation 4. Organizational process assets Tools & Techniques 1. Expert judgment 2. Product analysis 3. Alternatives generation 4. Facilitated workshops Outputs 1. Project scope statement 2. Project documents updates
Question 113
Which action is included in the Control Costs process?
Correct Answer: D
Section: Volume B Explanation: 7.3.3.1 Cost Baseline The cost baseline is the approved version of the time-phased project budget, excluding any management reserves, which can only be changed through formal change control procedures and is used as a basis for comparison to actual results. It is developed as a summation of the approved budgets for the different schedule activities. Process: 7.4 Control Costs Definition: The process of monitoring the status of the project to update the project costs and managing changes to the cost baseline. Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled. Inputs 1. Project management plan 2. Project funding requirements 3. Work performance data 4. Organizational process assets Tools & Techniques 1. Earned value management 2. Forecasting 3. To-complete performance index (TCPI) 4. Performance reviews 5. Project management software 6. Reserve analysis Outputs 1. Work performance information 2. Cost forecasts 3. Change requests 4. Project management plan updates 5. Project documents updates 6. Organizational process assets updates
Question 114
What provides information regarding the ways people, teams, and organizational units behave?
Correct Answer: B
Section: Volume D
Question 115
In which organizational structure would the project manager have most authority?
